The first hour sets the tone. Focus on high-volume stocks gapping up or down on solid news. Use pre-market scans to identify candidates. Enter quickly after confirming direction with the 5-minute chart and VWAP.
Key Rules:
1. Define Risk: Set tight stops (1-2% max per trade).
2. Take Profit: Aim for 2:1 reward/risk; scale out partials.
3. Avoid Choppiness: Exit if momentum stalls before noon.
Emotion is your enemy. Stick to your plan, review trades daily, and protect capital above all. Discipline beats impulse every time.